Is China still classified as a developing country

*2024-10-16 12:59:35* 评论(1) · 2024-10-16 12:59:35

Hey folks, I'm curious about this debate going on. I've heard that China's economy has grown exponentially, but is it still considered a developing country? What are your thoughts? Does China's rapid development change its status in the global perspective? 🌍💰

胡志伟 · 2024-10-17 10:56:41

Although China's economy ranks second in the world, it is still generally categorized as a developing country by the international community for a number of reasons, including a low per capita GDP, an under-optimized economic structure, the need to improve the level of social development, and differences in international perceptions. However, this does not mean that China's level of development is low or stagnant. On the contrary, China is striving to enhance its comprehensive national power and international competitiveness by continuously deepening reform and opening up, promoting economic transformation and upgrading, and strengthening scientific and technological innovation and talent cultivation, etc. It is believed that, in the near future, China will realize a leapfrog development from a developing country to a developed country.

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Is China still classified as a developing country

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